381 River Street
Thunder Bay (College Heights), ON P7A 3R5
- 2+2Bedrooms
- 2Bathrooms
- 0Garage
- —Sq Ft
- $4,604Tax
- 56 ftLot frontage
Estimated Value:$432,000See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 381 River Street, Thunder Bay, College Heights
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-02-12 | 2026-02-27 | Login to See Prices | Sold | x13244266 |
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About 381 River Street, Thunder Bay, College Heights
Summarized Description
- Meticulously reimagined home with custom features.
- Private ecosystem with spring fed pond.
- Walk-out basement leading to green space.
- Quiet luxury in a mature oversized lot.
- High-efficiency furnace and insulation upgrades.
- Designer lighting and durable flooring throughout.
- Four spacious bedrooms and two bathrooms.
- Unique country-in-the-city living experience.
The Home That Feels Like a Deep Breath. There is a specific feeling when you walk into a home that was renovated to be lived in, not just sold. 381 River Street is that home. Meticulously reimagined in 2020, the custom maple cabinetry and quartz countertops have settled into a kitchen that serves as a warm, functional heart of the house. Beyond the designer lighting and durable vinyl plank floors, this property offers something nearly impossible to find in the city: a true natural retreat. Step out of the walk-out basement to find a private ecosystem, featuring a spring fed pond, amble green space and a flagstone fire pit area. While the "unseen" upgrades like spray foam insulation, a high-efficiency furnace, shingles, soffit and fascia and updated electrical provide absolute peace of mind, the real magic is the "country-in-the-city" vibe that only a mature, oversized lot like this can offer. This is 4 bedrooms and 2 bathrooms of pure, quiet luxury.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,604
- Land Transfer Tax Fee
- $6,273
Rental Items
- Rental Equipment
- HWT $30/month
- Basement Type
- Finished, Full
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Exterior Extras
- Patio
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Vinyl Siding, Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Block
- Special Designation
- Other
Lot
- Lot Front
- 56.20 ft
- Lot Shape
- Irregular
Inclusions
- Inclusions
- FRIDGE, STOVE, WASHER AND DRYER
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2 + 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room18.7 X 20.10Main level, Vinyl Floor
- Utility Room13.2 X 9.3Basement level
- Bathroom4 PIECEMain level, Tile Floor
- Bathroom3 PIECEBasement level, Tile Floor
- Primary Bedroom10.8 X 11.5Main level, Vinyl Floor
- Kitchen11.6 X 10Main level, Vinyl Floor
- Dining Room11.6 X 13.3Main level, Vinyl Floor
- Bedroom 29.10 X 11.3Main level, Vinyl Floor
- Bedroom 3—Basement level, Vinyl Floor
- Bedroom 411.2 X 8.11Basement level, Vinyl Floor
- Recreation—Basement level, Vinyl Floor
- Laundry9.4 X 8.2Basement level
Washrooms
- 3-piece, Basement
- 4-piece, Main
- Municipality
- Thunder Bay
- Neighbourhood
- College Heights
- Main cross streets
- Between Peter Street and Farrand, right hand side coming from George's Market
- Zoning
- Urban Low Rise Zone
- Directions
- Between Peter Street and Farrand, right hand side coming from George's Market
- MLS® number
- X13244266
- Data source
- tbay
- Status change
- 2026-02-27
- Listed on
- 2026-02-12
- Days on market
- 15 days
- Co-op commission
- 2%
- Seller
- Listed by
- Royal LePage Lannon Realty
Home Market Value
Current home valuation for 381 River Street, Thunder Bay, College Heights, Thunder Bay, ON. Listed for $489,900
HOMEH Estimate
$432,000
Estimated Sales Range
$320,396 - $543,604
HOMEH Estimate for 381 River Street, Thunder Bay, College Heights
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$24,495
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,616 | $13,668 | $11,660 | $0 |
=Total mortgage | $484,021 | $454,578 | $428,075 | $391,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,363monthly | $2,219monthly | $2,090monthly | $1,914monthly |
Land Transfer Tax
$6,273
$6,273
Around this home
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